Orion Energy Systems (OESX) Set to Announce Earnings on Wednesday

Orion Energy Systems (NASDAQ:OESX) will release its earnings data before the market opens on Wednesday, November 6th. Analysts expect Orion Energy Systems to post earnings of ($0.09) per share for the quarter. Orion Energy Systems has set its FY 2025 guidance at EPS.

Orion Energy Systems (NASDAQ:OESX) last issued its quarterly earnings data on Wednesday, August 7th. The electronics maker reported ($0.11) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.01. The business had revenue of $19.91 million for the quarter, compared to the consensus estimate of $19.16 million. Orion Energy Systems had a negative return on equity of 48.47% and a negative net margin of 9.47%. During the same period last year, the business earned ($0.18) EPS. On average, analysts expect Orion Energy Systems to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Orion Energy Systems Stock Performance

Orion Energy Systems stock remained flat at $0.99 during trading hours on Tuesday. The company’s stock had a trading volume of 16,172 shares, compared to its average volume of 50,530. Orion Energy Systems has a 52-week low of $0.81 and a 52-week high of $1.53. The company has a current ratio of 1.70, a quick ratio of 1.06 and a debt-to-equity ratio of 0.70. The firm has a 50 day moving average price of $0.89 and a 200-day moving average price of $0.96. The firm has a market capitalization of $32.42 million, a price-to-earnings ratio of -3.48 and a beta of 1.39.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. HC Wainwright reaffirmed a “buy” rating and set a $3.00 price objective on shares of Orion Energy Systems in a report on Thursday, August 8th. StockNews.com started coverage on shares of Orion Energy Systems in a report on Sunday. They set a “hold” rating for the company.

Orion Energy Systems Company Profile

Orion Energy Systems, Inc, together with its subsidiaries, researches, designs, develops, manufactures, markets, sells, installs, and implements energy management systems for commercial office and retail, area lighting, industrial applications, and government in North America and Germany. It operates in three segments: Lighting, Maintenance, and Electric Vehicle (EV).